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Author Question: If two firms playing Cournot are identical with decreasing average costs, how should the firms ... (Read 42 times)

Jipu 123

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on: Jul 1, 2018
If two firms playing Cournot are identical with decreasing average costs, how should the firms divide production to maximize joint profits?
 
  What will be an ideal response?

Question 2

For a competitive firm the marginal revenue product of labor is usually downward sloping.
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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Jordin Calloway

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jipu 123

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Excellent

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